Used in advanced organic synthesis as a key intermediate for the development of bioactive natural product derivatives. Shows potential in pharmaceutical research due to its unique tricyclic framework, which exhibits anti-inflammatory and cytotoxic activities in preliminary biological assays. Employed in structure-activity relationship (SAR) studies to design new therapeutic agents targeting cancer cell lines. Its complex ring system also serves as a model compound for testing novel synthetic methodologies, particularly in stereoselective cyclization reactions.